CELEBRATING OVER SIXTY FIVE YEARS

CELEBRATING OVER
SIXTY FIVE YEARS

GPKLEG Blog

News & Helpful Tips

A financial statement audit can give lenders, investors and other stakeholders greater confidence in your business’s financial reporting. But not

Life insurance can provide critical financial protection for the people who depend on you or help you achieve other estate

The year 2020 has taught businesses many lessons. The sudden onset of the COVID-19 pandemic followed by drastic changes to

As we approach the end of the year, it’s a good time to think about whether your business needs to

Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so,

According to literature, the “seven deadly sins” are lust, gluttony, greed, laziness, wrath, envy and pride. Although individuals may be

By now, some businesses have completed their 2021 budgets while others are still crunching numbers and scrutinizing line items. As

As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses.

S corporations must comply with several strict requirements or risk losing their tax-advantaged status. Among other things, they can have

S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that

The IRS, U.S. Department of Labor and Department of Health and Human Services recently issued interim final regulations addressing group

From natural disasters and government shutdowns to cyberattacks and fraud, risks abound in today’s volatile, uncertain marketplace. While some level

Small business owners are well aware of the increasing cost of employee health care benefits. As a result, your business

Now that Joe Biden has been projected as the winner of the presidential election by major news outlets,* you may

When people hear the term “forensic science,” they usually think “CSI.” What comes to mind when you hear the term

The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act

In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers,

Unforeseen disasters happen all the time and they may cause damage to your home or personal property. Before the Tax

Here’s a fast fact: The percentage of U.S. children who live with an unmarried parent has jumped from 13% in

Employers with 20 or more employees are generally required to offer continuing health care coverage to departing staff members. This

Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and

Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic,

Once your 2018 tax return has been successfully filed with the IRS, you may still have some questions. Here are

The staggering cost of college makes it critical for families to plan carefully for this major expense, and in many

In good times, organizations often need to change to seize opportunities and keep up with demand. In bad times, they

As companies increase their investments in social media marketing, many are seeking ways to make it simpler and more cost-effective.